- Business is a System
- You can't manage People, you can only manage Processes
- Businesses are just vehicles to serve everyone, owners, employees, suppliers, customers, community get what they want from it
- For owners, businesses should give more life, lifestyle, choice and abundance but unfortunately for many small businesses the opposite is true
- Most businesses are started for all the wrong reasons and for this, they are already doomed before they are even born..
- Innovation
- Orchestration &
- Quantification
If you can't quantify or measure any aspect of your business, how else can you monitor and let alone improve that particular aspect of business or process. It is said, "What gets measured, Gets attention."
Business System's Components
- Marketing: Lead Generation System
- Sales: Lead Conversion System
- Customer Services : Client Fulfilment System
- Finance System
- Operations System
- People Systems
Lead Generation System - Marketing
Plan and intentional system to create massive targeted performance based reach and awareness, steps #1 & #2.
Lead Conversion System - Sales
Your system to convert the captured qualified leads, steps 3 & 4, generated by reach and awareness activities, steps #1 & #2. This is the selling part of your business systems.
Client Fulfillment System - Customer Services
Your clients having being sold on your products and services in step 4, step 5 is delivering on the client fulfilment and on-going engagement throughout the customer life cycle and lifetime.
Finance System
Your financial system is all about income & expenditure ensuring business has positive cashflow and reserves to cover operating expenses as well as the unexpected.
Operations System
People System
Some of the reasons TEAM's are dysfunctional and not delivery as expected and could be possible are explored in our short video summary, "The Five Dysfunctions of Teams" .
Leaders are only as good as the teams they build!.
By CEO, GIC Capital